research paper on income tax planning

In this paper, we have attempted to shed light on the notion of tax planning through a rich theoretical approach. Th us, we have based our analysis on the postulates of tax

International Journal of Management and Social Sciences Research (IJMSSR) Volume 2, No. 5, May 2013 ISSN: 2319-4421 Income Tax Planning: A Study of Tax Saving Instruments Savita, Lecturer in Pt. Nakiram Sharma Government College, M. D. University, Rohtak Lokesh Gautam, Senior Manager, legal and Secretarial, Realtech Group, New Delhi ABSTRACT ...

Research in Accounting for Income Taxes . 1. Introduction This paper reviews one of the more complex areas of financial reporting: accounting for income taxes (AFIT). Before this decade, AFIT and its implications for financial reporting and effective tax planning attracted limited attention in scholarly circles .

Reviews on the Measurement of Tax Planning. 1) T he effective tax rate method. The most widely existing calculat ion method for tax planning is the effective tax rate method (ETR), because. of the ...

In this paper, we present a review of tax research. We survey four main areas of the literature: (1) the informational role of income tax expense reported for financial accounting, (2) corporate tax avoidance, (3) corporate decision-making including investment, capital structure, and organizational form, and (4) taxes and asset pricing.

Th e first part is the reviews of Tax Planning, including re- views on the motivation of tax planning, reviews on the measurement of tax planning and reviews on the eco- nomic consequences of tax planning. The last part is conclusion, illustrating the existed opinions on Tax the Planning and trying to find new understanding s of tax planning. 2.

The systematic literature review analyses and synthesizes research conducted regarding personal income tax planning within the time period of 2012 to 2022, 30 articles were reviewed. The review discovered that most of the articles dwelled mostly on unincorporated businesses and their owners/entrepreneurs/sole proprietors/investors as well as those articles that discussed issues relating to tax ...

This chapter examines the research methodology appropriate to tax planning. It considers the general role of tax planning in the Certified Public Accountant (CPA) firm and the technical differences between research methodologies for tax planning and tax compliance. CPAs who want to expand their practices and increase profitability will likely ...

Keywords: Income Tax, Tax Planning, Tax Liabilities, Exemptions, Reductions, Tax Credit, Tax Evasion, Income Tax Ordinance 2001, Finance Act Suggested Citation: Suggested Citation Tariq, Fatima, Income Tax Planning: A Case Study of Tax Saving Instruments in Pakistan (Under Income Tax Ordinance 2001) (December 22, 2018).

The rest of the paper is organised as follows: Section 2 explains what is meant by digital taxation, Section 3 discusses the research design and methodology which led to the retrieval of a systematic collection of studies, and Section 4 provides an overview of the findings, Section 5 discusses the results and makes some suggestions for further ...

This study. focusses on income tax p lanning for individuals f or the assessment y ear 2021-2022. Objective of the Study: Th e main objective of the study is to give ideas to minimise the tax ...

Period of the study opted was 1984-85 to 1997-. 98. The study revealed while the progressive tax rate structure was followed in the case of individual taxpayers in all these countries but the tax rates were found to be higher in developed countries than that of developing 88 countries. The level of income at which the maximum marginal rate was ...

Figure 3: India Personal Income Tax Rate 2004-2015 In India, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals.

1.4 Research Objective Firstly, this paper summarizes the research status of tax planning at home and abroad, so as to show the necessity and practical significance of writing this paper. Secondly, based on research and analysis of relevant concepts and theories were expounded, including the definition of a high and new technology enterprise, the

JETIR2102249 Journal of Emerging Technologies and Innovative Research (JETIR) www.jetir.org 2037 AWARENESS LEVELS OF SALARIED INDIVIDUALS ABOUT TAX PLANNING Antu Thomas ... In his article "Assessment of Individual Income Tax, Tax Planning and Saving in India, suggested that Any individual who want to assess his/her income tax and want

there is differentiation in income tax act 1961 among male and female both, residents of different geographic demographics are treated as equal. PROBLEM STATEMENT Tax planning is important for every assessee to reduce their tax liability and compliance with the income tax rules. To enjoy the benefits of tax planning, the assessee must know

1. To review the tax reforms being introduced by the government in respect of income tax laws and ascertains its impact on salaried class. 2. To assess the efficiency of administrative machinery for collection of income tax and management of taxation matters as per the income tax act. 3.

This research paper analyses the awareness of government employees in tax-planning and the prevailing deductions Discover the world's research 25+ million members

Tax planning is the process of analyzing a financial plan or a situation from a tax perspective. With the help of tax planning, one can ensure that all elements of a financial plan can function together with maximum tax-efficiency. Tax Saving Instrument involves selection of the right kind of instruments / schemes with an aim of maximizing returns.

With the development of education, the income of educators has gradually increased, and the number and variety of individual income tax for teachers has also increased. This paper will briefly explain the income composition of college teachers and the status quo of teachers' personal income tax planning. By analyzing the shortcomings of the current stage, this paper proposes a scientific and ...

Research Journal of Finance and Accounting www.iiste.org ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol.6, No.1, 2015 170 A Study on Tax Planning Pattern of Salaried Assessee ... and other reliefs or benefits permitted under the Income Tax Act. "Tax planning is not a post time of a few but it is necessity for all honest tax payeRs. A ...

It can be seen from the Table 14 that 28.3% of respondents give preference to the life insurance premium, 19.2% of respondent give preference to tax saver mutual funds and 5.8% of respondent give ...

This research paper is based on secondary data and examined total tax collection from 2013-14 to 2017-18 in terms of direct tax and indirect tax and its subtypes. Tax to GDP ratio is also examined ...